NEUP vs QQQ: Correlation
Measured on weekly returns over the past three years, Neuphoria Therapeutics Inc. (NEUP) and Invesco QQQ Trust (QQQ) carry a correlation of 0.12, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NEUP and QQQ?
Across a 3-year window, the weekly returns of NEUP and QQQ correlate at 0.12, weak. Little has changed lately, as the 1-year reading of 0.05 lands near the 3-year figure. Stretching to 5 years gives 0.11, with an annualized covariance of 363.7 %².
Out of 11 assets tracked against NEUP, QQQ lands near the bottom at #7. The last year tells two different stories: QQQ led by 89.4 percentage points, -63.1% for NEUP against +26.3% for QQQ. One caveat on sizing: NEUP is 7.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
NEUP vs QQQ: side by side
| NEUP (Neuphoria Therapeutics Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -63.1% | +26.3% |
| 5-year return | -97.9% | +95.4% |
| Volatility (ann.) | 155.4% | 19.6% |
| Beta vs S&P 500 | 1.23 | 1.28 |
| Max drawdown (3Y) | -95.7% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | US Listed | ETF · US Growth & Tech |
QQQ is a Large Growth fund from Invesco: $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | NEUP | QQQ |
|---|---|---|
| 2022 | -62.9% | -32.6% |
| 2023 | -68.2% | +54.9% |
| 2024 | -80.7% | +25.6% |
| 2025 | +13.1% | +20.8% |
| 2026 | -2.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NEUP and QQQ good diversifiers for each other?
Yes: at 0.12, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between NEUP and QQQ?
Using weekly returns as of 2026-08-27: 0.12 over 3 years, with 0.05 over the last year and 0.11 over 5 years.
Is QQQ a good diversifier for NEUP?
Yes: at 0.12, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.12 mean?
A reading of 0.12 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/neup-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/neup-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NEUP correlations · QQQ correlations
